Author(s):
Martin Mühleisen
, and
Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

ISBN: 9781589062955

U.S. government finances have experienced a remarkable turnaround in recent years. Within only a few years, hard-won gains of the previous decade have been lost and, instead of budget surpluses, deficits are...

Author(s):
Martin Mühleisen
, and
Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

ISBN: 9781589062955

The U.S. fiscal position has deteriorated significantly in recent years. In 2000, the Congressional Budget Office (CBO) projected surpluses in the range of 3 percent of GDP for the next 10 years and for the...

Author(s):
Martin Mühleisen
, and
Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

ISBN: 9781589062955

The recent dramatic deterioration of the U.S. fiscal position has heightened long-standing concerns about the extent to which the retirement and health care systems are prepared to cope with the pressures of...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

DOI: http://dx.doi.org/10.5089/9781589062955.084

ISBN: 9781589062955

This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government's fiscal position. Against this back ground, it also reviews key pol...

Author(s):
Martin Mühleisen
, and
Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

ISBN: 9781589062955

This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government's fiscal position. Against this back ground, it also reviews key pol...

Author(s):
Martin Mühleisen
, and
Christopher Towe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
07
January
2004

ISBN: 9781589062955

The elimination of the U.S. federal budget deficit during the 1990s marked a significant fiscal milestone at the time. The unified budget surplus in FY1998 was the first surplus in nearly 30 years, and surpl...